Behind tariff chaos, a world rethinking trade ties

If it’s not a trade war yet, it sure is trade chaos.

Thanks to US tariffs, Walmart and other retailers are warning of price hikes this holiday season. Beijing is accusing the US of using a trade war to slow China’s rise as a world power. And America’s president just said, “We don’t like [Canada’s trade] representative very much.”

Behind the chaos, though, is a rethinking of global trade rules and relationships. In the face of President Trump’s aggressive push to reset US trade relations with all its major partners, those partners are recalibrating their own relationships. It’s a two-track strategy.

Nations are responding to Trump’s demands by engaging in

China cuts tariffs, except for USToo big to ignoreTension on the rise